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3 Reasons Why The Debt-Ceiling Debate is Full of Malarkey

July 20, 2011 by  

Bob Livingston

is an ultra-conservative American and author of The Bob Livingston Letter™, founded in 1969. Bob has devoted much of his life to research and the quest for truth on a variety of subjects. Bob specializes in health issues such as nutritional supplements and alternatives to drugs, as well as issues of privacy (both personal and financial), asset protection and the preservation of freedom.

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  • TIME

    Now see logic is far more down to earth than all the Wild and Crazy Rhetoric Barry likes to toss around with his tools the Lame Stream media…

    It clearly displays just how stupid Barry and his lap dog media all think we all are. Hey, I bet you all have Credit Cards and even a bank account. So don’t you do the same things Nick just noted?

    All Business do and as many of you like to point out, government is a business. And yet Barry can’t stop from telling you all tall tails.

    Wake up………..

  • John

    Obama and his cronies are just continuing to push tried and true methods to insure the economy fails. He is using the same methods FDR used that most honest economists tell us extended the Great Depression by at least seven years.

    Obamanomics’ only claim to fame is that it is the surest way to advance the Progressive agenda. It is the best way to curtail our Constitutional Rights and turn our country into a Socialist state.

    I spent a lot of time in the military trying to defending freedoms only to see them erode almost to the point of nonrecognition in the last two decades with a massive increase in the last 2 1/2 years. This is not the country we veterans volunteered our lives to defend.

    • DaveH

      It wasn’t the country you volunteered your life for when you did. Your intentions were noble, but they were based on the lies of the Leaders who will do anything to build their power and perks including using good men like yourself for cannon fodder. The leaders are mostly out for themselves. If that sometimes benefits us also, it is just coincidental, it’s not because they care about us.

  • Lawrence Sarsoun

    The national debt is bogus. There is no large Trillion “dollar” debt. We the people told the Congress (A1,s8) to borrow money. Money was supposed to be coined gold and silver (A1, s 10). The Congress has not coined money since 1965. Therefore, thet have not borrowed money. Fecereal Reserve Notes are not valid money. A note is evidence of debt. You cannot borrow evidence of debt, especially if those notes are not redeemable for money. Read my book, “America’s Monetary Mess”

  • eyeswideopen When one of your own is giving you the facts and you can’t see the light, what do you expect? Go ahead take the country down, history( europeans are documenting) will show what this radical right wing policies did to this country.

  • eyeswideopen

    For all you Reagan lovers, here is what he had to say about deficit.

    • Erik

      Hey, eyeswideopen,History will also show what the leftest scum like obumer(and his communist stooges) And yourself have done to destroy this country! Thank GOD this monster is on his way out!

  • pete the simian

    Cat Food ??? You Social Security people should try Ol’ Roy dog food from Wal Mart – sold in the big 20 lb bag !! Just add Water !!! That’s what Cousin Eddy did in the movie “Christmas Vacation” — stocked up on Ol’ Roy dog food for the whole family !!!

    Cat Food is bought by rich white suburbanites (who are on SSI) who won’t sell their overpriced, overtaxed houses — and move into something cheaper (like a condo or apartment …)….

    But Ol’ Roy is eaten by white Trailer park “dwellers” all across America !!!

    Actually – we don’t know when the Federal Reserve and is going to “Foreclose” on all the Federal Assets … They might demand something a little bit more than a low “interest payment” !!! Something like “HIGH INTEREST PAYMENTS” — like 27% or more .. Ha HA !!!

  • Christin

    Great video, Bob Livingston.

    Some people just make so much sense… like now.

    NO need to RAISE the DEBT CEILING…Just CUT SPENDING and DON’T SPEND more than you have coming in and things will turn around… (common sense.)

  • http://yahoo Fred Hammel

    In this video ” 3 reason for the debt-ceiling”. If you look at the graph starting 1972, that was the year mothers burnt their bras, and continued staying in the workforce. Women have always been in the workforce, but when they got married and pregnant, they quit their jobs and went home to be mothers. Starting 1972 to 1983 the workforce double from 70 million people( 80% men, 20% women)to 135 million people. Mothers started to go into DEBT, because now she needed a vehicle, a nice wardrobe , and meals already cook by someone else. Divorce also quadruple, because now a women no longer had to depend on a husband. Now she turned to government to be her pappa. The size of government quadruple. The price of vehicles and homes quadruple. Before 1972 the national debt was around 20 billion dollars. Women now out number men in the workforce, because of affirmative action and congress has pass over 400 laws to empower women, 0 laws for men, since the Civil Rights Bill of 1964. The size of government has grown to 55 percent of Americas workforce.

  • Robert

    All Obama can do is tell us to eat our peas. Hmm! That’s leadership. If he can’t come up with any ideas we need to throw him out of office next year and get somebody else who will at least try. The boy King was a failure to all those who voted for “hope and change”.

  • jon frazer

    people actually whine about how Wal-mart’s OL’ROY dog food isn’t good enough or Their Bay ( DOG – get real ! ) when people have to eat it. What is wrong with some Americans ,Open Your eyes.


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